Anbang denies report it's considering a bid for InterContinental

Seattle

ANBANG Insurance Group Co, which tried to buy a US hotel company in March, denied a report that it's considering a bid for UK-based InterContinental Hotels Group Plc, owner of the Holiday Inn and Crowne Plaza brands.

Anbang has no plans to make a bid and is not considering an offer for InterContinental, said Chris Winans, a spokesman for Anbang at the public relations firm Hill & Knowlton Strategies. He declined to make any further immediate comment.